Futuris Company (FTRS)

[getty]

This company is/will be essentially non-functioning unless an angel financier can cut a deal with majority shareholders to finance a new 43-101 assay, and even better, plus around $650,000 for fuller assay as recommended within the ersatz prior 43-101, as just a matter of pulling the trigger and gambling. Appears that the majority shareholders have, thus far, been unable to convince anyone that this property has value or are simply most unprofessional, being too difficult or too greedy to deal with if wishes to either retain too large an ownership or simply wants a loan instead. As having seen this type lack of progress before with other majority shareholders, I'd bet on the "or" latter.

[Many a mining firm, though non-Canadian and therefore are not required to adhere to 43-101, still have such a report prepared as such is utilized as a yardstick by the investor community regardless.]